California Gov. Gavin Newsom suggested withholding the state's taxes amid reports the Trump administration may cut funding ...

While the proposal is still subject to legislative approval in the state’s 2025-2026 budget, it would mark the first major update to California’s film tax credits since 2014, when the state ...

The California governor and Los Angeles mayor appeared together at Raleigh Studios in Hollywood on Sunday to announce a ...

Senators are considering proposed amendments to President Donald Trump’s big bill of tax breaks and spending cuts, hunkering ...

California Proposal to Tax Social Media Gathers Momentum. Published Apr 25, 2025 at 6:47 AM EDT Updated Apr 25, 2025 at 9:43 AM EDT. By .

On Sunday, Gov. Gavin Newsom proposed a major expansion to the California Film & Television Tax Credit Program.The proposal would boost the credit for Hollywood from $330 million to $750 million ...

California is staring down a possible $68 billion deficit in 2024-2025 following unexpected revenue declines in recent years, according to the state’s Legislative Analyst’s Office (LAO).

A Tuesday editorial in the East Coast newspaper took aim at a new bill from San Francisco Assemblymember Matt Haney that would stop California’s tax rate for legal cannabis from increasing ...

Newsom’s new budget proposal for California comes a month after he slashed one-time funding programs and delayed spending in programs in an effort to reduce the deficit by $17.3 billion ...

California progressives should abandon their immoral movement to implement a wealth tax and instead reduce the spending that is the cause of their budget woes.

President Joe Biden’s child tax credit plan would benefit millions of California parents and children, according to data from Washington’s Institute on Taxation and Economic Policy.

The largest one, by far, is California, according to tax data. In 2022, California's residents and businesses provided $692 billion in tax revenue to the federal government.